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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Hammocks Provides $500K Inventory Finance Loan to U.S. Carbon Black Distribution Company
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Lenders/Participants
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Hammocks LLC [Lender]
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Structure
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Revolving Inventory Finance Loan
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Amount
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$0.500
Million
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Borrower(s)
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Undisclosed - Carbon Black Distribution Company
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Description
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The transaction, valued at $0.5 million, was structured under a revolving borrowing base credit facility to enable the purchase, import and distribution of Indian carbon black by the borrower. The secured facility is backed by goods-in-transit inventory during its ocean voyage period as well as warehouse inventory during its warehousing period. Funding was sourced and provided by Hommocks’ lending captive vehicle company, HMX Finance LLC. The financing will enhance the borrower’s supply chain operations and meet increasing demand for carbon black in the US market.
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Industry
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Commodities Trading
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ABL Advisor
Deal Tables
2025
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